Dragons’ Den TrackerWhat Happened to Kestrel Aerospace PAV After Dragons’ Den?
Kestrel Aerospace PAV appeared on Dragons’ Den in 2005, Series 1 Episode 2. The business was a one person air vehicle using a ducted fan propulsion system. No deal was made — the Dragons decided not to invest. The company was dissolved in 2007.
The Pitch
Simon Scott walked into the Den in 2005 with a one person air vehicle using a ducted fan propulsion system. They were asking for £150,000 in exchange for 15% of the business.
Despite their best efforts, the pitch didn’t convince the Dragons to open their wallets.
The Deal
No deal was made. The Dragons weren’t persuaded to invest, and Simon Scott left the Den without backing.
What Happened After the Show
Kestrel Aerospace PAV did not survive long-term. The company was dissolved in 2007, only 2 years after the Den appearance.
This is not an unusual outcome. The majority of businesses that appear on Dragons’ Den, deal or no deal, don’t make it in the long run. The show can provide a platform and capital, but it can’t substitute for a sustainable business model.
Is Kestrel Aerospace PAV Still in Business?
No. Kestrel Aerospace PAV is no longer in business. Companies House records show the company has been dissolved.
Related Companies
If you’re curious about other businesses from the same episode, you might also want to look at Grails Ltd, Stable Table, Mandala Aroma, All of a Quiver. Each has its own story of what happened after the Den.
Watch the Pitch
Companies House Data
- Status
- dissolved
- Company Number
- 07869486
- Registered Name
- PAV AEROSPACE LIMITED
- Incorporated
- 2011-12-02 (ceased 2016-09-27)
- Company Type
- ltd
- SIC Codes
- 82990
- Registered Address
- Mill House Wood Brook Road, Springhead, Oldham, Lancashire, OL4 4BS
- Accounts
- total-exemption-small (period ending 2013-12-31)
- Officers
-
VIANELLO, Paolo Angelo
— director
Mill House, Wood Brook Road, Springhead, Oldham, Lancashire, OL4 4BS, United Kingdom
-
VIANELLO, Paolo Angelo
— director